5 Things Retirees Should Know about “the Big Beautiful Bill”
The One Big Beautiful Bill Act introduces tax law changes that may reshape your retirement financial planning. From enhanced deductions to estate exemption increases, here’s what retirees need to know now.
Ask the Adviser: How can I Find Fulfillment in Retirement?
In 1986, David Barrett wrote the song titled “One Shining Moment”. This song is now played to wrap up coverage of the NCAA Division I men’s basketball tournament championship game. Highlights…
Ask the Adviser: How are Assets in My IRA Different Than Other Assets in my Estate?
IRAs are subject to their own set of rules, and those rules can be complex. Here’s what to know at a high level.
Five Strategies for Gifting to Adult Children
Giving your children money during your lifetime can be helpful for them and fulfilling for you. There’s a delicate balance, though.
What is Form 5498, and why did I receive it so late?
Form 5498 must be mailed to the IRS by May 31. However, because IRA contributions can be made up until April 15, you might not receive Form 5498 until after Tax Day.
How to Identify and Avoid Scams: A Guide for Older Adults
Older adults are a targeted group for financial fraud. Here, we discuss common scam types, telltale tactics, and how to protect your wealth proactively.
Three Questions to Ask When Inheriting an IRA in 2025
The distribution rules for inherited IRAs can be very confusing. Here, we look at three key questions to help you see through the fog and avoid unnecessary pitfalls.
I Just Inherited an IRA From My Parent. Now What?
The new rule for adults who inherit an IRA from their parents in 2020 and beyond is that they must liquidate that account within 10 years.
Which Retirement Accounts Allow Qualified Charitable Distributions?
Other accounts with RMD requirements include SEP IRAs, SIMPLE IRAs, 401(k)s, and 403(b)s. So, can QCDs be made from these accounts?
Ask the Adviser: Are Gifts to Children Tax-Deductible?
Although gifts to individuals are not tax deductible, you can get a partial deduction for money that will eventually go to your children.
Ask the Adviser: How Can I Guide My Grandchildren to Make Smart Money Choices?
Here are three practical ways to lead those who lack some of the financial skills you’ve gained in your lifetime.
Ask the Adviser: What tax consequences should I consider before retiring in Pennsylvania?
While Pennsylvania has minimal taxes on retirement income, the state does levy an inheritance tax. Here’s what that means for you and your heirs.
Ask the Adviser: What are the benefits of using a donor-advised fund?
If charitable giving is part of your long-term financial plan, a donor-advised fund can help you tap into greater tax benefits and more easily direct your giving.
Ask the Adviser: How should I use beneficiary designations in my estate plan?
Directing some assets through beneficiaries and others through your will can reduce taxes for your heirs. Here’s what to consider.
Communication: The Key to a Successful Estate Plan
Want to make sure your wealth benefits future generations? Start by having the right conversations today.
Is Your Estate Plan Ready for the Digital Age?
Take this 10-question quiz to learn why taking charge of your digital assets is more important than ever.
Ask the Adviser: Should I add my child as joint owner of my bank account?
While it seems like a simple way to get help managing your finances, it’s worth considering the risks and alternatives.
Family Meetings: Planning for Wealth Transfer and Philanthropy
It takes a lot of planning and conversation to transfer wisdom along with wealth. Here’s how the practice of family meetings can help.
Ask the Adviser: What’s predicted to happen with bonds in 2024?
The Fed is slated to cut interest rates, which may likely raise bond prices. Here’s what to know.
Ask the Adviser: Are my investment advisory fees tax deductible?
While it’s no longer possible to deduct advisory fees outright, we’ll explore other tax-efficient ways to cover them.
